COMPLII FINTECH SOLUTIONS LTD Proposed issue of securities
Announcement Summary
For personal use only
Entity name
COMPLII FINTECH SOLUTIONS LTD
Announcement Type
New announcement
Date of this announcement
6/6/2022
The Proposed issue is:
A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
New class-code to be | Unquoted options | 1,388,889 |
confirmed | ||
New class-code to be | Unquoted options | 722,222 |
confirmed | ||
CF1 | ORDINARY FULLY PAID | 94,287,646 |
Proposed +issue date
8/8/2022
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 9 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
COMPLII FINTECH SOLUTIONS LTD
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 | Registered Number Type | Registration Number |
ABN | 71098238585 | |
1.3 | ASX issuer code | |
CF1 |
- The announcement is New announcement
- Date of this announcement
6/6/2022
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities | 2 / 9 |
Proposed issue of securities
Part 7 - Details of proposed placement or other issue
only | ||||||
Part 7A - Conditions | ||||||
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other | ||||||
type of issue can proceed on an unconditional basis? | ||||||
Yes | ||||||
use | 7A.1a Conditions | |||||
Approval/Condition | Date for determination | Is the date estimated or | ** Approval | |||
Other (please specify in | 5/8/2022 | actual? | received/condition met? | |||
Estimated | ||||||
comment section) | No | |||||
Comments | ||||||
On 6 June 2022, Complii announced that it had signed a Bid Implementation Agreement (BIA) with Registry Direct Limited | ||||||
personal | (Registry Direct) which sets out the terms on which the Company will offer to acquire all of the fully paid ordinary shares in | |||||
Registry Direct by way of an off-market takeover. The indicative timetable is disclosed in the announcement. | ||||||
Part 7B - Issue details | ||||||
Is the proposed security a 'New | Will the proposed issue of this | |||||
class' (+securities in a class that is | +security include an offer of | |||||
not yet quoted or recorded by ASX) | attaching +securities? | |||||
or an 'Existing class' (additional | No | |||||
securities in a class that is already |
quoted or recorded by ASX)? Existing class
Details of +securities proposed to be issued
For
ASX +security code and description
CF1 : ORDINARY FULLY PAID
Number of +securities proposed to be issued
92,898,757
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Proposed issue of securities | 3 / 9 |
Proposed issue of securities
Please describe the consideration being provided for the +securities
Shares to be issued pursuant to the Takeover Offer of Registry Direct as announced on 6 June 2022. | |||||
only | Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities | ||||
8,732,486.160000 | |||||
Will these +securities rank equally in all respects from their issue date with | |||||
the existing issued +securities in that class? | |||||
Yes | |||||
use | Is the proposed security a 'New | Will the proposed issue of this | |||
class' (+securities in a class that is | +security include an offer of | ||||
not yet quoted or recorded by ASX) | attaching +securities? | ||||
or an 'Existing class' (additional | No | ||||
securities in a class that is already | |||||
quoted or recorded by ASX)? | |||||
personal | New class | ||||
Details of +securities proposed to be issued | |||||
ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||||
Have you received confirmation from | Will the entity be seeking quotation | ||||
ASX that the terms of the proposed | of the 'new' class of +securities on | ||||
+securities are appropriate and | ASX? | ||||
equitable under listing rule 6.1? | No | ||||
No | |||||
ASX +security code | +Security description | ||||
New class-code to be confirmed | Unquoted options | ||||
+Security type | |||||
Options | |||||
For | Number of +securities proposed to be issued | ||||
1,388,889 | |||||
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
The Company has agreed to offer 4.5 unquoted options for every one Registry Direct option held at the register date (subject to rounding and satisfaction or waiver of the conditions to the Takeover Offer).
Proposed issue of securities | 4 / 9 |
Proposed issue of securities
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
Will all the +securities issued in this class rank equally in all respects from | ||||||
only | their issue date? | |||||
Yes | ||||||
Options details | ||||||
+Security currency | Exercise price | Expiry date | ||||
use | AUD - Australian Dollar | AUD 0.0675 | 31/5/2023 | |||
Details of the type of +security that will be issued if the option is exercised | ||||||
CF1 : ORDINARY FULLY PAID | ||||||
Number of securities that will be issued if the option is exercised | ||||||
One fully paid ordinary share (ASX:CF1) | ||||||
personal | ||||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities | ||||||
proposed to be issued or provide the information by separate announcement. | ||||||
Refer to ASX announcement dated 6 June 2022 | ||||||
Is the proposed security a 'New | Will the proposed issue of this | |||||
class' (+securities in a class that is | +security include an offer of | |||||
not yet quoted or recorded by ASX) | attaching +securities? | |||||
or an 'Existing class' (additional | No | |||||
securities in a class that is already | ||||||
quoted or recorded by ASX)? | ||||||
New class | ||||||
Details of +securities proposed to be issued | ||||||
For | ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||||
Have you received confirmation from | Will the entity be seeking quotation | |||||
ASX that the terms of the proposed | of the 'new' class of +securities on | |||||
+securities are appropriate and | ASX? | |||||
equitable under listing rule 6.1? | No | |||||
No | ||||||
ASX +security code | +Security description | |||||
New class-code to be confirmed | Unquoted options | |||||
+Security type | ||||||
Options | ||||||
Proposed issue of securities | 5 / 9 |
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Complii Fintech Solutions Ltd. published this content on 05 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 June 2022 23:31:11 UTC.
